rupambose32

nifty and diamond top

NSE:NIFTY   Nifty 50 Index
256 7 2
diamond top pattern
Dear Rupamji, Please don't mind my intrusion. I want to share what I've learned from experience just to improve the learning. Both the Diamond pattern you have mentioned are incorrect. Avoid forcing a pattern. There must be touches on pivots (at least 2 thru which line is passing). Also avoid the pivots that is formed by a bad tick in such a situation I use nearby pivot. For any doubts you are always welcomed.
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rupambose32 praveen.bhatiya
@praveen.bhatiya, sorry sir ,may be i am wrong,i am new trader,please suggest me some good books or internet sites for learning
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rupambose32 rupambose32
@rupambose32, and i learn from here http://i.investopedia.com/inv/articles/site/FX-DiamondBear3_r.gif,is it wrong
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rupambose32 rupambose32
@rupambose32, http://i.investopedia.com/inv/articles/site/FX-DiamondBear3_r.gif
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rupambose32 rupambose32
@rupambose32, i mind if you not suggest me any books or internatesites for lerning and devolopement
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praveen.bhatiya rupambose32
@rupambose32, My favourite book for learning classical chart pattern is Encyclopedia of Chart Patterns by Thomas N. Bulkowski. His website is also having good learning material http://www.thepatternsite.com/.
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rupambose32 praveen.bhatiya
@praveen.bhatiya, thank you
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